Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$267,340$267,340$434,700
Remaining term (yrs)22.222.230.0
Secondary amount$0$167,360$0
Funding fee$1,337$1,337$0
Note rate2.67%2.67%7.18%
Blended rate2.67%4.722%7.42%
1st payment$1,325.41$1,325.41$2,944.81
2nd payment$0.00$1,115.74$0.00
Taxes / mo$247.08$247.08$247.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.94
HOA / mo$164.67$164.67$164.67
Total monthly$1,903.83$3,019.57$3,610.17
Cash to close$215,660$48,300$48,300